5-year plan to speed up integration of digital, real economies
China DailyA technician checks chips at a technology company in Hangzhou, Zhejiang province. China's top industry regulator unveiled a five-year plan on Tuesday to accelerate the integration of digital and real economies amid a broader push to lay down policy framework for the nation's industrial development until 2025. Xie said China's big data industry has grown quickly over the past five years, with the average compound annual growth rate exceeding 30 percent. He said the next five years will be an important period to build China into a manufacturing and digital powerhouse, which thus means new and higher requirements for the development of big data industry. Sun Ke, deputy director of the institute of political science and economics at the China Academy of Information and Communications Technology, a Beijing-based think tank, said that in the era of industrial digital economy, a large quantity of industrial data will be connected to the internet, which will further drive the development of the big data industry.
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